New Zealand has emerged from its economic slumber earlier than expected, putting the country back on the path to normalcy.
A year on from its first ‘wellbeing’ Budget, the Government has produced a Budget that aims to offer a lifeline to households, businesses and industry — including support for entrepreneurs.
With the release of this year’s Budget, the Government has offered more support to impacted businesses in a bid to boost the New Zealand economy.
Economic activity is expected to ramp up as New Zealand moves to Level 2 restrictions and moves a little further out of COVID-19 lockdown.
New Zealand may be on the cusp of relaxing its restrictions further, with Prime Minister Jacinda Arden signalling a move to Level 2 restrictions today.
While New Zealand businesses are enjoying some newfound freedom, others are breaking the rules; and the Government isn’t happy about it.
With New Zealand businesses set to enjoy relaxed COVID-19 restrictions from next week, owners are now busy coming up with plans for how to start building up revenue once again.
New Zealand may be on the cusp of relaxing at least some of its social distancing and lockdown restrictions, and the nation’s retail businesses are being urged to start preparing now.
The Government’s new $3.2b coronavirus support package contains tax breaks, business advice and commercial rental relief.